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Forecast update for crude oil -07-08-2025

Economies.com
2025-08-07 11:46AM UTC
AI Summary
  • Crude oil price experienced fluctuated trading due to negative pressure and minor bearish wave, but positive signals on the RSI are emerging to help the price settle
  • BestTradingSignal.com offers high-accuracy trading signals for US stocks, crypto, forex, and VIP signals for gold, oil, forex, bitcoin, ethereum, and indices
  • VIP Trading Signals Performance report for July 28 - August 1, 2025 is available for viewing on the website

The price of (crude oil) witnessed fluctuated trading on its last intraday levels, affected by the continued negative pressure due to its trading below EMA50, and under the dominance of minor bearish wave on the short-term term basis, on the other hand, we notice the beginning of the positive signals on the (RSI), after reaching oversold levels to help the price to settle.

 

 

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VIP Trading Signals Performance – July 28 – August 1, 2025

 

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Forecast update for Silver -07-08-2025

Economies.com
2025-08-07 11:46AM UTC

The price of (Silver) resumes the rise in its last intraday trading, taking advantage of the dynamic support that is represented by its trading above EMA50, reinforcing the stability of the bullish track, especially with the emergence of the positive signals on the (RSI), after its success in offloading some of its overbought conditions, which allowed it to achieve these strong gains, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a supportive bias for this trend.

 

 

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VIP Trading Signals Performance – July 28 – August 1, 2025

 

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Forecast update for Gold -07-08-2025

Economies.com
2025-08-07 11:45AM UTC

The price of (Gold) witnessed fluctuated trading on its last intraday trading, amid its attempts to gain positive momentum to help to recover and begin a strong bullish wave, amid the continuation of the positive pressure from its trading above EMA50, on the other hand, we notice the emergence of the negative signals on the (RSI), which decelerate the stability of the price, especially with the stability of the stubborn resistance level at $3,375.

 

 

 

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VIP Trading Signals Performance – July 28 – August 1, 2025

 

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Forecast update for EURUSD -07-08-2025

Economies.com
2025-08-07 11:45AM UTC

The price of (EURUSD) declined in its last intraday trading, affected by the stability of the current resistance at 1.1670, gathering the gains of its previous rises, attempting to offload some of its clear overbought conditions on the (RSI), especially with the emergence of the negative signals from there, gathering its positive strength that might assist it to breach this resistance, amid the dominance of minor strong bullish wave on the short-term basis.

 

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VIP Trading Signals Performance – July 28 – August 1, 2025

 

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Frequently asked questions

What is the price of Oil today?

The price of Oil is $63.349 (2025-08-08 23:05PM UTC)